The game is being advertised as a return to form prequal to HOMM franchise. Assumingly before the first one.

From the steam description: "Heroes of Might and Magic: Olden Era is the official prequel hailing back to the origins of the genre-defining, critically acclaimed series of turn-based strategy games"

In addition to being a cheap looking homm3 clone there are some red flags.

This is the tier 6 unit upgrade of the humans, please note that the knight was downgraded to tier 5:

https://mightandmagic.fandom.com/wiki/Mother_superior

This is the unit that replaced the monk: https://mightandmagic.fandom.com/wiki/Lightweaver

The elves have been changed to being green skinned because no white skinned creatures are allowed.

From the unit description humans are insane religious zelots so I assume that they're going to be the bad guys all along in the campaign.

Also the game looks like a cheap mobile copy of homm3. Every item I found early needs to be quirky humor. It has almost no real innovation and homm2 is more appealing visual then this game.